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Lanni Products is a start - up computer software development firm. It currently owns computer equipment worth $ 3 3 , 5 0 0 and

Lanni Products is a start-up computer software development firm. It currently owns computer equipment worth $33,500 and has cash on hand of $13,000 contributed by Lannis owners. Lanni takes out a bank loan. It receives $43,000 in cash and signs a note promising to pay back the loan over 3 years.a-1. Prepare the balance sheet just after it gets the bank loan. /

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